Companies aim for more ‘strategic’ pay increases

The findings were based on a survey between March and May of more than 34,000 companies across 156 countries, including 1,650 in the U.S. In total, 32% cited cost management pressures as a reason for taking a cautious approach to salary planning, while 28% and 27% pointed to a tighter labor market and inflationary concerns respectively, WTW said. READ MORE